Thread Options Tools
#46575 - 12/03/02 02:36 PM Other Real Estate Owned
Anonymous
Unregistered

Is there a requirement that foreclosures and sales of repossessed real estate must be approved by the Board of Directors?

Return to Top
General Discussion
#46576 - 12/03/02 02:39 PM Re: Other Real Estate Owned
Andy_Z Online
10K Club
Andy_Z
Joined: Oct 2000
Posts: 27,458
On the Net
It has been some years since I worked on OREO, but I don't recall this requirement on either the foreclosure or the sale.
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

Return to Top